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The Safest Option in Trades! (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The Safest Option in Trades! (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The Safest Option in Trades! (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The Safest Option in Trades! (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The Safest Option in Trades! (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The Safest Option in Trades! (Ad)pixel
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The Safest Option in Trades! (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The Safest Option in Trades! (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears

Energy Transfer - ET Stock Forecast, Price & News

$11.03
+0.06 (+0.55%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.77
$11.16
50-Day Range
$10.22
$12.36
52-Week Range
$7.96
$12.49
Volume
18.93 million shs
Average Volume
21.25 million shs
Market Capitalization
$34.05 billion
P/E Ratio
8.82
Dividend Yield
8.39%
Price Target
$14.67

Energy Transfer MarketRank™ Forecast

Analyst Rating
Buy
3.17 Rating Score
Upside/​Downside
33.0% Upside
$14.67 Price Target
Short Interest
Healthy
3.53% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Energy Transfer in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$46.90 M Bought Last Quarter
Proj. Earnings Growth
-2.17%
From $1.38 to $1.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Oils/Energy Sector

40th out of 258 stocks

Natural Gas Transmission Industry

4th out of 20 stocks

ET stock logo

About Energy Transfer (NYSE:ET) Stock

Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.

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ET Stock News Headlines

Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? (ET)
Even as the energy sector outpaces the market, liquid natural gas specialists like Cheniere Energy are among leaders. The charts indicate gains may be ahead.
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Tailor an Options Trading Strategy to Fit Your Needs
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile. Take your trading to the next level with the Options Strategy Guide. pixel
Energy Transfer Whale Trades For September 22
Energy Transfer LP (NYSE: ET)
10 Best Affordable Stocks to Buy Now
See More Headlines
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ET Company Calendar

Last Earnings
8/03/2022
Ex-Dividend for 8/19 Dividend
8/05/2022
Dividend Payable
8/19/2022
Today
10/02/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
12,558
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$14.67
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+33.0%
Consensus Rating
Buy
Rating Score (0-4)
3.17
Research Coverage
6 Analysts

Profitability

Net Income
$5.18 billion
Pretax Margin
6.55%

Debt

Sales & Book Value

Annual Sales
$67.42 billion
Cash Flow
$2.79 per share
Book Value
$10.47 per share

Miscellaneous

Outstanding Shares
3,086,970,000
Free Float
2,985,718,000
Market Cap
$34.05 billion
Optionable
Optionable
Beta
1.85

Key Executives

  • Mr. Marshall S. McCrea III (Age 63)
    Co-CEO & Director of LE GP, LLC
    Comp: $7.73M
  • Mr. Thomas E. LongMr. Thomas E. Long (Age 65)
    Co-CEO & Director of LE GP, LLC
    Comp: $4.51M
  • Mr. Bradford D. WhitehurstMr. Bradford D. Whitehurst (Age 47)
    Chief Financial Officer of LE GP, LLC
    Comp: $1.8M
  • Mr. A. Troy Sturrock (Age 51)
    Sr. VP, Controller & Principal Accounting Officer of LE GP, LLC
    Comp: $712.86k
  • Mr. Thomas P. MasonMr. Thomas P. Mason (Age 65)
    Exec. VP, Gen. Counsel & Pres – LNG of LE GP, LLC
    Comp: $1.92M
  • Mr. Kelcy L. WarrenMr. Kelcy L. Warren (Age 66)
    Exec. Chairman of LE GP, LLC
  • Mr. Greg G. Mcilwain
    Exec. VP of Operations of LE GP LLC
  • Mr. Brent Ratliff
    VP, Investor Relations
  • Mr. Christopher R. Curia (Age 66)
    Exec. VP & Chief Human Resource Officer of LE GP, LLC
  • Mr. Kevin J. Smith
    Exec. VP













ET Stock - Frequently Asked Questions

Should I buy or sell Energy Transfer stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ET shares.
View ET analyst ratings
or view top-rated stocks.

What is Energy Transfer's stock price forecast for 2022?

6 equities research analysts have issued twelve-month price targets for Energy Transfer's shares. Their ET share price forecasts range from $14.00 to $16.00. On average, they expect the company's stock price to reach $14.67 in the next year. This suggests a possible upside of 33.0% from the stock's current price.
View analysts price targets for ET
or view top-rated stocks among Wall Street analysts.

How have ET shares performed in 2022?

Energy Transfer's stock was trading at $8.23 at the beginning of the year. Since then, ET shares have increased by 34.0% and is now trading at $11.03.
View the best growth stocks for 2022 here
.

Are investors shorting Energy Transfer?

Energy Transfer saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 85,830,000 shares, a decline of 6.9% from the August 31st total of 92,190,000 shares. Based on an average trading volume of 19,950,000 shares, the short-interest ratio is presently 4.3 days. Currently, 3.5% of the company's stock are sold short.
View Energy Transfer's Short Interest
.

When is Energy Transfer's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ET earnings forecast
.

How were Energy Transfer's earnings last quarter?

Energy Transfer LP (NYSE:ET) issued its quarterly earnings data on Wednesday, August, 3rd. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.10. The pipeline company earned $25.95 billion during the quarter, compared to the consensus estimate of $21.88 billion. Energy Transfer had a trailing twelve-month return on equity of 11.98% and a net margin of 4.83%.

How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?

Energy Transfer announced a quarterly dividend on Tuesday, July 26th. Shareholders of record on Monday, August 8th will be paid a dividend of $0.23 per share on Friday, August 19th. This represents a $0.92 annualized dividend and a yield of 8.34%. The ex-dividend date of this dividend is Friday, August 5th. This is a boost from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for ET
.

Is Energy Transfer a good dividend stock?

Energy Transfer (NYSE:ET) pays an annual dividend of $0.92 per share and currently has a dividend yield of 8.39%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 73.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ET will have a dividend payout ratio of 68.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ET.

When did Energy Transfer's stock split?

Energy Transfer shares split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly created shares were distributed to shareholders after the closing bell on Thursday, June 12th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Kelcy L. Warren's approval rating as Energy Transfer's CEO?

109 employees have rated Energy Transfer Chief Executive Officer Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Energy Transfer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

What is Energy Transfer's stock symbol?

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

How do I buy shares of Energy Transfer?

Shares of ET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Energy Transfer's stock price today?

One share of ET stock can currently be purchased for approximately $11.03.

How much money does Energy Transfer make?

Energy Transfer (NYSE:ET) has a market capitalization of $34.05 billion and generates $67.42 billion in revenue each year. The pipeline company earns $5.18 billion in net income (profit) each year or $1.25 on an earnings per share basis.

How many employees does Energy Transfer have?

The company employs 12,558 workers across the globe.

How can I contact Energy Transfer?

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The official website for the company is www.energytransfer.com. The pipeline company can be reached via phone at (214) 981-0700, via email at investorrelations@energytransfer.com, or via fax at 214-981-0703.

This page (NYSE:ET) was last updated on 10/2/2022 by MarketBeat.com Staff

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